FreeForexSignals

Could the Gold Heist Continue?

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
As we seen since the pandemic stocks have struggled to world lock down. So investors go for the safe heaven. One of them being Gold . So its been going to the moon.

The economy has slowly been recovering, however 1000's still losing their jobs. I think that gold rally will be over in the short term. But stock will struggle to recover, and with a chance of a 2nd wave could mean gold shooting up again. I will be looking for a little short then buying for the major key level on the retest.

Cheers for following x
Trade active: Trade active
Trade closed: target reached: We hit TP1. 2nd position running SL at BE.

Comments

I think stocks are due a crash soon, they are been falsely held up by the FED at the moment x
+2 Reply
FreeForexSignals FreeSignalsUK
@FreeSignalsUK, Agree, eco is not good world wide. More jobless claims in the USA
Reply
P.S.... open from 2029
Reply
Hey, good afternoon I have short positions open which I want to close ASAP, any advice would be most welcome, what do you speculate the "key level" is ? Thanks X
Reply
FreeForexSignals Spacehopper420
@Spacehopper420, Hi 1920 could see a retracement too x
Reply
Spacehopper420 FreeForexSignals
@FreeForexSignals. Thx for reply, really a bad fomo there Friday on my behalf, live & learn hey!
+1 Reply
FreeForexSignals Spacehopper420
@Spacehopper420, FOMO, always plenty of opportunities. Patience pays x
Reply
FreeForexSignals Spacehopper420
@Spacehopper420, Deffo where i would have a buy x
Reply
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